Raising Top Marginal Tax Rates Punishes Small Businesses
A widely propagated myth contends that raising top tax rates doesn’t hurt small businesses because only a small percentage of them pay rates at that… Read More
A widely propagated myth contends that raising top tax rates doesn’t hurt small businesses because only a small percentage of them pay rates at that… Read More
According to a New York Times story on Sunday, Senate Finance Committee Chairman Max Baucus (D-MT) plans to propose a new “fee” on insurance companies… Read More
Today, the Department of Labor reported that 570,000 Americans filed initial claims for jobless benefits last week. This follows news from ADP Employer Services on… Read More
On this week’s season premiere of the popular AMC show “Mad Men” viewers were reminded about the punitive high tax rates in the 1960s: [youtube]http://www.youtube.com/watch?v=tx8bQ-hqIUY[/youtube]… Read More
Campaigning just last year, then-candidate Barack Obama repeatedly promised audiences at campaign stops across the country: “If you’re a family that’s making $250,000 a year… Read More
The IRS released data today on the distribution of income taxes. It shows that the highest-earning taxpayers shoulder a considerable burden of the federal income… Read More
While America debates rising deficits, rising debt, and reckless spending bills, the mood in Washington is understandably sour. For the Americans fortunate to have jobs… Read More
Throughout his campaign, President Barack Obama repeatedly promised the American people: “If you’re a family that’s making $250,000 a year or less you will see… Read More
Supposedly, trends start in California and then spread to the rest of the country, a notion that seems to be confirmed by the latest economic… Read More
Back in April, after the G20 Summit, we at Heritage warned that the Summit’s attack on tax havens was, at best, an irrelevancy. At worst,… Read More
From the Tax Foundation: [youtube]http://www.youtube.com/watch?v=Si-htSSHxsE[/youtube] Be sure to check out the top related video as well.
Everyone remembers President Obama’s now-infamous comment as a candidate that he thinks everyone is better when we “spread the wealth around.” Of course, we spread… Read More
According to Time, the Center for American Progress (CAP) is “the most influential independent organization in Obama’s nascent Washington.” The brainchild of former Clinton White… Read More
On June 15, the International Monetary Fund (IMF) released a study suggesting national tax policies contributed to, but did not cause, the credit boom and… Read More
Bloomber reports: Microsoft Corp. Chief Executive Officer Steven Ballmer said the world’s largest software company would move some employees offshore if Congress enacts President Barack… Read More
This video clip from Your World with Neil Cavuto demonstrates how President Obama’s tax hikes won’t just affect the top 5% of American wage earners…. Read More
The progressive movement suffered a major defeat this Tuesday when California voters rejected all five tax raising measures on the ballot, four out of five… Read More
When Congress passed its last major energy legislation in 2005, a minor provision was added late in the legislative process that created a $1-per-gallon tax… Read More
The Washington Post editorializes today: Unlike wages, health coverage is not subject to income or payroll taxes. This exclusion is the single largest subsidy in… Read More
I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not… Read More
Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll… Read More
So, would President Obama’s budget plan really increase deficit spending much more than other modern presidents? Well, yeah, to the tune of seven times more,… Read More
Now, if only she can convince President Obama to stop proposing even more new taxes, like today’s Soda Tax, yesterday’s Estate Tax hike proposal or… Read More
President Obama is proposing raising more than $100 billion in new taxes from American businesses by limiting their ability to defer tax on profits earned… Read More
Yesterday, in what President Barack Obama described as a “watershed event”, the health care industry promised to cut $2 trillion in costs over 10 years… Read More
First the good news: earlier this week President Barack Obama admitted that high taxes kill jobs. Now the bad news: he wants to raise taxes… Read More
Two days after Tax Day, April 17, USA Today ran an editorial—Tax rhetoric vs. realtiy—that said the Tea Party protesters had nothing to be mad… Read More
Addressing Congress on the State of the Union, President Ronald Reagan told the American people in 1982: Our citizens feel they’ve lost control of even… Read More
President Obama’s new corporate tax proposals cover two issues: tax evasion and tax punishment. He may have it half right. The tax evasion part is… Read More
